Nearly 10 years ago, Steve Jobs took the stage at a keynote event to introduce the first smartphone designed and built by Apple. Little did he know that the iPhone would become the most popular consumer electronics product of all time.
Fast forward to 2017 and Apple is now staring at an uphill battle to juice sales growth.
Many companies that supply chips to power the iPhone depend on strong phone sales to carry quarterly results. As a result, last year's soft iPhone sales and shipments have led to weak performances from Skyworks Solutions, Cirrus Logic and Qorvo.
More from Estimize
Cirrus Logic reports quarterly results on Wednesday afternoon, followed by Qorvo on Thursday. Because Apple releases results on Tuesday, investors will already have a vague idea of how the two companies stand to report.